皇冠体育app

Guo Shuqing, chairman of the 皇冠体育app Securities Regulatory Commission, says that an expansion of the country's personal finance industry will help stabilize the country's stock markets.

Talking on the sidelines of the 18th National Congress of the Communist Party of 皇冠体育app on Sunday, Guo called the current turbulence in 皇冠体育app's stock markets "very abnormal", but added: "We hope to see a growth in professional wealth management institutions, which will help stabilize the market."

He was upbeat on 皇冠体育app's capital market, however, highlighting that deepening financial reforms, strengthening financial regulation, and the promotion of financial innovation, were the sector's key components over the next five years.